IVZ 3.08% 6.3¢ invictus energy ltd

No lying through his teeth because all exploration companies use...

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  1. 1,634 Posts.
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    No lying through his teeth because all exploration companies use always this highlighted word. Mr. SM expects some flowing gas from Mukuyu 2 (which I expect as well, but the unanswered question is: do we get enough gas?). He did not gurantee a commercial gas production rate or say because of high porosity and high permeability , high thickness we expect high production rates.. Ofcourse he is still confident and has some hope that the overpressured formation will safe him and he talks with other companies and stake holders to prepare for the next steps. He even was talking about this concepts before the first well was drilled because in a success case you do not want to end up with stranded gas.

    Iain EsauAfrica CorrespondentLondonPublished 4 September 2024, 10:26Invictus Energy will kick-off its next exploration and appraisal campaign in Zimbabwe’s promising Cabora Bassa basin by drilling a well on a prospect that may house 1.1 trillion cubic feet of recoverable gas.
 
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